IPOH: Two men, aged 35 and 48, were charged with 10 counts of money laundering involving more than RM1.5 million under the Prevention of Money Laundering and Financing of Anti-Terrorism Act 2001 in the Sessions Court here today.
The men, S. Robert A. Sosy, 48, and N. Narendran, 35, were charged with committing the offences involves the purchase of medicine and medical equipment in June and July 2014.
The first accused S. Robert was charged with six counts under Section 4 (1) (a) of the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLATFA) involving a sum of RM746,400 through ATMs and checks from an account belonging to Mesna Medical Supplies in CIMB Bank Berhad, in Puchong Selangor on 25 June to 4 July 2014.
The charge was made by Deputy Public Prosecutor Mohd Farez Rahman before Judge Ikmal Hishan Mohd Tajuddin.
S. Robert, who works as a tour guide, pleaded not guilty to all charges.
Ikmal Hishan set the bail at RM50,000 with one surety.
The second accused, Narendran, was charged with four counts of money-laundering amounting to RM728,000 on June 25 to July 3 2014, at CIMB Bank Berhad, in Puchong.
The charges was read out by Mohd Farez before Judge Mohamed Lutfi Rushan.
Mohamed Lutfi set bail at RM160,000 for Narendran and fixed January 7 next year for mention.
Both the accused were represented by B. Sivaruben.
If found guilty, the two men accused can be fined no more than RM5 million or five years imprisonment, or both, for each charge.